Types of procurement

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Accepted Answer

Types of procurement include direct procurement, indirect procurement, services procurement, and strategic procurement.

Direct procurement involves purchasing goods and materials directly used in production.
Indirect procurement involves purchasing goods and services that are not directly used in production.
Services procurement involves procuring services such as consulting, maintenance, and IT services.
Strategic procurement focuses on long-term relationships with suppliers to achieve business goals.
Examples: Direct procurement - purchasing raw materials for manufacturing. Indirect procurement - purchasing office supplies. Services procurement - hiring a consulting firm. Strategic procurement - forming partnerships with key suppliers.

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